Oracle selects new group of startups for its cloud accelerator programme

American Cloud major Oracle has announced the first batch for its “Startup Cloud Accelerator” programme in Mumbai and Delhi, according to Economic Times.

The selected startups from Mumbai are Disprz, KiviHealth, iphawk, dooLoopTech and Moneytor. The startups which qualify from Delhi are iNICU, RepUp, Original4sure, Digital Agents Interactive and ChatterOn.

Shortlisted from several hundreds of startup applicants, this new group comprises an interesting mix of companies that use analytics, machine learning (ML) artificial intelligence, (AI)predictive analytics, automation, internet of things (IoT), Chatbots and virtual reality (VR) technologies across industries like hospitality, pharmaceuticals, marketing, finance and cyber security.

“As Indian startups continue to make noticeable strides in technology-led innovation, we are excited to welcome the first batch of startups in Delhi and look forward to helping them scale new heights,” said Sanket Atal, Group Vice President of Development, Oracle India.

The selected young ventures are using technologies to solve problems such as diagnosing diseases among newborn babies and providing anti-counterfeiting solutions to enterprises.

“Each of the new startups brings a unique proposition to their industry and come with high-growth potential,” added Atal.

According to Redwood Shores a California-based firm, these companies will be provided technical and business mentoring by Oracle and industry experts. Besides Oracle cloud credits and co-working space, these ventures would also be given access to Oracle’s ecosystem of customers, investors and partners.

With $37 billion in annual revenue, Oracle launched the Startup Cloud Accelerator programme in April 2016 with the first centre in Bengaluru.

Apart from expansion in India, the company also took up international expansion with centres launched in Tel Aviv, Bristol, Paris, Singapore and Sao Paulo.